Oldcastle Glass® Sells Translucent Business to Major Industries

Major Industries will add skylights acquired from Oldcastle Glass® to its existing lines, which include the Guardian 275® product line pictured here.

Oldcastle Glass® has reached an agreement to sell its translucent wall and skylight business to Major Industries. Under the terms of the sale, Major Industries will assume the translucent wall and skylight backlog, and provide warranty support for existing installations. The sale is expected to close by the end of July.

According to an Oldcastle Glass announcement, the sale will allow its Engineered Products group to focus on custom-engineered curtainwall, storefronts, architectural windows and skylights. The company's curtainwall products will be marketed under a new brand, Oldcastle Glass® Skywall®.

"Through recent acquisitions, we have become a market leader in custom-engineered curtainwall and have assembled a comprehensive range of best-in-class products," says Ted Hathaway, Oldcastle Glass chief executive officer. "Oldcastle Glass Skywall is the brand for our integrated, custom-engineered curtainwall systems to close the building envelope."

The acquisition also allows Major Industries to expand its business.

"Major Industries' strategic acquisition of translucent panel skylights and curtainwall products from Oldcastle Glass® creates a full range of translucent daylighting products and cost-effective solutions for the fenestration industry, regardless of the application and price point," says Wayne Toenjes, president of Major Industries Inc. "In today's world of high energy costs, our expanded offering of energy-efficient, LEED®-friendly products is expected to meet the needs of architects and building owners wanting to use natural daylight in the most cost-effective manner."

CLICK HERE to read the Oldcastle Glass press release.

CLICK HERE to read the Major Industries press release.

CLICK HERE to learn more about Oldcastle's July 2007 acquisition of the Vistawall Group, including its Naturalite and Skywall skylight product lines.

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